IBM Plans to Acquire Texas Memory Systems
Company’s high-speed memory solutions to boost IBM’s Smarter Computing approach to IT
IBM recently announced it has entered into a definitive agreement to acquire Texas Memory Systems (TMS), a leading developer of high-performance flash memory solutions. TMS is a privately held company based in Houston, Texas. Financial terms of the deal were not disclosed.
Founded in 1978, TMS designs and sells high-performance solid state storage solutions. Unlike hard disk drives that rely on spinning disks and robotic arms, solid state systems are high-speed data storage solutions based on Flash or RAM memory that can provide significantly faster throughput and data access while consuming less power.
TMS offers its solid state solutions as the RamSan family of shared rackmount systems and Peripheral Component Interconnect Express (PCIe) cards. The products are designed to help companies improve performance and reduce server sprawl, power consumption, cooling, and floor space requirements, all of which in turn can help clients save money, improve performance and invest more in innovation.
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